Labor Market Continues to Cool in June
June’s labor report reinforces a pattern of moderated job growth amid economic headwinds. While the pace of hiring remains positive, gains have slowed and sector imbalances persist.
The recruitment landscape is undergoing a seismic shift, and artificial intelligence is at its heart. In our recent webinar, AI in Recruitment: What’s Next, experts explored how AI is evolving from a futuristic concept into a practical, transformative force across hiring functions. The conversation brought together deep insights into the present capabilities of AI, its future trajectory and how HR professionals can prepare for the changes ahead.
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Let’s be honest – staying competitive today feels like trying to hit a moving target. With AI shaking up workflows, markets shifting fast and skilled talent in short supply, it’s no wonder business leaders are turning their focus inward. The smartest move right now? Reskilling and upskilling your people.
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May Labor Market Resilient but Cools Slightly
The May labor market report continues to reflect a gradual cooling trend in the U.S. economy. Job gains came in above expectations but remain well below the levels seen throughout most of 2023 and early 2024. Revisions to prior months trimmed 95,000 jobs from March and April totals.
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